WAUSAU - Terradea Salon will soon have a new home in downtown Wausau, but it won't move far.

The salon, which is housed at 608 Third St., will jump to 614 Third St. in about a month, said co-owners Kelly McCarthy and Josh Hayes. The two have been renting Terradea's current space for about nine years but were ready for a more permanent location when the former Arts, Books & Banter building went up for sale last year, McCarthy said.

"It was spur of the moment," she said.

The sale went through in November, and since then, Hayes and McCarthy have been refurbishing the building to make it into a trendy salon, doing most of the work themselves. Admirers of the outside Tudor-style architecture need not worry. They plan to maintain the outside of the building, while they update windows and repair the roof.

"It's a beautiful building," McCarthy said. "We love the downtown and feel lucky to own this building."

The team will be helped in their renovation by a $76,000 commercial rehabilitation loan from the city. The Wausau Economic Development Committee voted Tuesday to give the loan to the salon owners to help them replace old electrical wiring within the building, as well as repair the outside.

Once the salon makes the move, there will be a few changes to Terradea. There won't be as many spa services as the business now offers; instead the team and the business will focus mostly on hair, McCarthy said. Terradea also will upgrade its tools and equipment, including new massage chairs for customers to sit in while their hair is washed.

Terradea will remain an Aveda concept salon, however, meaning it will offer Aveda products for sale and use them during haircuts and styles, she said.

Hayes and McCarthy told the Economic Development Committee that once the remodeling is finished and the salon is open in its new site, they intend to update the second level of the building to create a high-end apartment with an open concept floor plan available for rent.